News - Potter & Co Solicitors
RICS introduces Condition Report
July 2011
RICS has introduced the RICS Condition Report, a new type of survey for the residential property market.
The RICS Condition Report, which forms part of the RICS Home Surveys family, gives buyers of conventional properties and newer homes a clear, concise picture of the state of a property. The report does not provide an additional price valuation, but instead is designed to complement a mortgage valuation.
An alternative to the RICS HomeBuyer Report or a building survey, the Condition Report is principally aimed at buyers who would otherwise rely purely on a lender’s mortgage valuation, rather than face the expense and complication of a traditional survey. Other types of clients benefiting from the report will be landlords wanting to assess the condition of their investments and sellers looking to highlight any problems that may potentially impact on a future sale.
As it does not contain a valuation, both RICS valuers and those not registered with the RICS Valuer Registration Scheme will be able to conduct condition reports, opening up a new market for the industry.
The most affordable of the RICS surveys, the Condition Report is backed by the full authority of RICS and written in plain English, using the easy to follow ‘traffic lights’ ratings system. The report also offers details of urgent defects and a section offering advice for legal advisors.
Potter and Co advise on London and Basingstoke properties
November 2007
Potter and Co has recently advised international consultancy Scott Wilson in connection with two major property transactions
The first involved the company's acquisition of the lease of its new flagship London office from Channel Four Television as part of its continuing expansion since flotation in 2006.
The second related to the relocation of the company's corporate headquarters in Basingstoke to new offices extending to some 51,000 square feet.
Potter and Co director, Andrew Cross, commented " These were complex but interesting transactions. We have enjoyed a good working relationship with Scott Wilson for many years and are grateful for their continued appreciation of our commercial property expertise."
The Anoki experience gets bigger .......and bigger !
August 2008
Potter and Co have recently assisted the highly successful resturant group Anoki Limited with their expansion into Nottingham and their acquisition of the Mumbai Blue restaurant between Derby and Burton. The highly regarded Anoki Restaurant in Derby has recently featured for the second time in the Times "Top Ten " restaurant section.
We prepare Home Information Packs
We are one of the area's leading providers of Home Information Packs.
We offer a speedy and expert service at an economic price.
We use only official local searches as favoured by most Lenders (and not personal search companies)
What does a Hip contain?
Packs will include:
- Evidence of title
- Copies of planning, listed building or building regulations consents
- A local search
- Guarantees for any work on the property
- An energy performance certificate.
- Water/Drainage Search
For more information contact Sheila Prince s.prince@potterco-solicitors.co.uk
Alison Hardy a.hardy@potterco-solicitors.co.uk
For more information on Hips generally, visit www.homeinformationpacks.gov.uk